Real estate
(file photo)

Construction on a new apartment building in Port Alberni is set to begin in September, according to the provincial government.

In a statement released Wednesday, the B.C. Ministry of Municipal Affairs and Housing announced that the project will consist of nearly 50 rental apartment units for families and seniors in the region.

Once complete, the four-storey building located at 4450 Maitland St will consist of 46 rental units—a mix of one-, two- and three-bedroom apartments—catered to people on income assistance and to those with incomes up to $113,000.

See also:

8 new affordable housing projects under construction in Sooke

Here’s a breakdown of what the units will cost:

  • nine units for people with very low incomes (mostly residents on income assistance): $375 to $660 per month,
  • 22 rent geared-to-income units for people with low to moderate incomes ($33,000 to $48,500): approximately $532 to $761 per month,
  • 15 affordable market units for people with moderate incomes ($74,150 to $113,040): approximately $840 to $1,250 per month.

“The mix of subsidized and affordable rentals will benefit a wide range of people in our community, while the passive design will help ensure heating and utility costs also remain affordable for residents,” said Scott Fraser, MLA for Mid Island-Pacific Rim in a statement.

The building will be owned and operated by the Alberni Low Energy Housing Society, a group focused on developing low-energy housing.

This property is designed to meet the energy efficiency requirements necessary to achieve a passive house certification.

Passive house buildings consume up to 90 per cent less heating and cooling energy than conventional buildings, which dramatically reduces operating costs and aligns with long-term goals under the CleanBC Plan.

The apartments are expected to be ready for move-in in fall 2021.

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